| | Fed needs better way to signal policy, officials say | FRANKFURT/STOCKHOLM/HOUGHTON, Michigan (Reuters) - The Federal Reserve confused financial markets over scaling back its bond buying, three top officials said on Thursday, with one arguing the central bank should link tapering to drops in the jobless rate and another calling for a broad remake of strategy. | | | | | | Exclusive: Nestle weighing sale of PowerBar - sources | LONDON/NEW YORK (Reuters) - Nestle SA , the world's largest food company, is looking to divest its PowerBar energy bars, a pioneer of sports nutrition products, according to four people familiar with the matter. | | | | | | Nike revenue surges in North America and Europe | (Reuters) - Nike Inc on Thursday posted a higher quarterly profit, helped by big sales gains in North America and Europe, and the maker of sports clothes and shoes said global orders for delivery later this year rose 8 percent. | | | | | | U.S. data gives conflicting signals on economy's health | WASHINGTON (Reuters) - Contracts to buy previously owned U.S. homes fell for the third straight month in August but fewer Americans filed new claims for jobless benefits last week, giving conflicting signals on the health of the economy. | | | | | | JPMorgan's Dimon meets with U.S. Attorney General Holder | (Reuters) - JPMorgan Chase & Co CEO Jamie Dimon met Thursday morning with U.S. Attorney General Eric Holder as the nation's biggest bank attempts to end investigations into its sales of shoddy mortgage securities leading up to the financial crisis. | | | | Exclusive: KKR pulls out of Jones Group auction - sources | NEW YORK (Reuters) - Private equity firm KKR & Co LP has withdrawn from the bidding process for Jones Group Inc , two people familiar with the matter said on Thursday, raising questions over the prospects of the auction for the fashion and footwear company. | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | » MORE NEWSLETTERS | |
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